Search found 216 matches

by darkhorse346
Fri Aug 14, 2020 5:57 am
Forum: Personal Investments
Topic: Taxable Brokerage Account - Real World Experiences for Married Couple
Replies: 17
Views: 2305

Re: Taxable Brokerage Account - Real World Experiences for Married Couple

We live in a community property state, but have lived overseas and also in a non-community property state. Never really thought about individual accounts. All our things are JTWROS (home, car, checking, taxable), but not IRAs, 401(k)s, HSAs. I guess JTWROS was never a problem for our parents, so we...
by darkhorse346
Wed Jun 10, 2020 8:11 pm
Forum: Personal Investments
Topic: Taxable Brokerage Account - Real World Experiences for Married Couple
Replies: 17
Views: 2305

Re: Taxable Brokerage Account - Real World Experiences for Married Couple

We have joint taxable accounts at 3 different financial institutions. My spouse can, but does not, login to them and can make trades. Thus, the only one who has a problem and sometimes creates wash sales is me, but wash sales are not really a problem at all. Furthermore, since we don't have any bon...
by darkhorse346
Tue Jun 09, 2020 12:34 pm
Forum: Personal Investments
Topic: Taxable Brokerage Account - Real World Experiences for Married Couple
Replies: 17
Views: 2305

Re: Taxable Brokerage Account - Real World Experiences for Married Couple

I'm interested in hearing from folks who live in common law states who chose to set up joint accounts instead individual. How did you make your decision on which account type to use for taxable brokerage? It seems like it is ultimately a tradeoff between simplicity (joint account) vs. better tax tre...
by darkhorse346
Mon Jun 08, 2020 8:46 pm
Forum: Personal Investments
Topic: Taxable Brokerage Account - Real World Experiences for Married Couple
Replies: 17
Views: 2305

Re: Taxable Brokerage Account - Real World Experiences for Married Couple

Thanks, Homestretch.

Do you live in a common law or community property state?
by darkhorse346
Mon Jun 08, 2020 7:30 pm
Forum: Personal Investments
Topic: Taxable Brokerage Account - Real World Experiences for Married Couple
Replies: 17
Views: 2305

Taxable Brokerage Account - Real World Experiences for Married Couple

We're both around 50 and are very fortunate to be maxing out all available tax-advantaged retirement accounts and still have money to invest every month. We are researching the pros and cons of joint vs. individual taxable brokerage accounts. We're happily married and trust each other and have alway...
by darkhorse346
Sat Oct 05, 2019 5:44 am
Forum: Personal Investments
Topic: Capital Group-American Funds.....
Replies: 16
Views: 1467

Re: Capital Group-American Funds.....

Simple suggestion: Just start off with one of the long-dated target retirement funds and focus on savings rate instead. Savings rate, especially at a young age, will be more important that quibbling over which fund(s) to pick. I'd suggest that you consider reviewing other sources, e.g., Morningstar,...
by darkhorse346
Sat Jun 08, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: Things to do in Maine
Replies: 72
Views: 7501

Re: Things to do in Maine

I highly recommend vacationing in Maine. A huge "thank you" to those of you who gave suggestions on this thread as it helped with our planning. (Honestly, we weren't even considering going there until I saw this thread several months ago. We had never been there before.) Trip Flew into Portland Inte...
by darkhorse346
Tue Mar 26, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K
Replies: 101
Views: 14925

Re: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K

In Dave Ramsey's case his own net worth, and I'm just using celebritynetworth.com as my source--no idea how reliable it is--is estimated at $55 million, which is very much in the same ballpark as John C. Bogle ($80 million). For comparison, that same source shows Suze Orman at $35 million, Jim Cram...
by darkhorse346
Mon Mar 25, 2019 8:33 pm
Forum: Personal Investments
Topic: 401k Plan w/Vanguard Wellington as core + Portfolio Review, please
Replies: 6
Views: 748

Re: 401k Plan w/Vanguard Wellington as core + Portfolio Review, please

I think your allocation to fixed income is suitable for someone your age. Personally, I'd want a little more international, e.g., 20-40% of the equity allocation, but what you've got is not "wrong".

I personally like your thinking of having a balanced fund as the core of your portfolio. Well done.
by darkhorse346
Mon Mar 25, 2019 7:06 pm
Forum: Personal Investments
Topic: How do you rebalance across Roth and Traditional Acounts?
Replies: 29
Views: 2160

Re: How do you rebalance across Roth and Traditional Acounts?

retiredjg wrote: Mon Mar 25, 2019 5:54 pm I do not tax adjust. There is very little about investing that is precise. Trying to make it precise is not worth the extra effort for me.
+1.

Savings rate, asset allocation, investment costs, simplicity, and investor temperament, are more important.

Good luck.
by darkhorse346
Mon Mar 25, 2019 6:58 pm
Forum: Personal Investments
Topic: Fidelity index funds
Replies: 17
Views: 4001

Re: Fidelity index funds

I'd probably also recommend Vanguard or Schwab. What specifically leads you to Fidelity? Why not Fidelity? They're a solid choice. They also have a better web interface (in my opinion) and real good customer service Fidelity is a solid choice in my opinion. I would recommend reviewing the Fidelity ...
by darkhorse346
Mon Mar 25, 2019 6:38 pm
Forum: Personal Investments
Topic: Experience with Edward Jones?
Replies: 76
Views: 8335

Re: Experience with Edward Jones?

I'd like to speak to someone with experience investing with Edward Jones. I have had accounts with them in the past and am having difficult now with them hassling me for more business. I just don't know what to say anymore. I'd prefer to talk via PM if possible. Thanks! PM me if you want. I suggest...
by darkhorse346
Tue Feb 19, 2019 7:44 pm
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 165
Views: 15204

Re: How many bogleheads do you know in real life?

Can my wife and kids be honorable mention Bogleheads? :D

All kidding aside, no, I don't know any. When I talk about indexing and low cost at work or maybe in social situations, people's' eyes glaze over.

They just have their friendly "guy" or "lady" that handles their investing for them. :oops:
by darkhorse346
Tue Feb 19, 2019 7:27 pm
Forum: Personal Investments
Topic: Exchanging VFINX for VTSAX
Replies: 8
Views: 783

Re: Exchanging VFINX for VTSAX

I personally exchanged my Vanguard 500 Index Fund for the Vanguard Total Stock Market Index Fund around 2006, but I didn't expect much difference from it and I don't think you should expect much difference either. The "additional diversification" doesn't amount to much. They aren't identical but th...
by darkhorse346
Sun Feb 17, 2019 8:00 pm
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Re: Fidelity/American Funds Portfolio - Help Appreciated

Most 2035 target funds maintain 20-25% in fixed income. What is your personal opinion on our equity/fixed income allocation? It is more aggressive that I usually recommend. "Since you asked", I generally recommend age minus 20 in bonds on the aggressive side of the decision. So probably 30% in bond...
by darkhorse346
Sun Feb 17, 2019 2:11 pm
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Re: Fidelity/American Funds Portfolio - Help Appreciated

I was afraid of that (no purely US fund). In that case, I'd pick a predominately US stock fund the range of .63% to maybe .65% and and the Bond Fund of America as the only funds in the 401k. Or the Balanced fund if you like that one instead. One of those choices gets you the lowest costs. Adjust th...
by darkhorse346
Sun Feb 17, 2019 10:37 am
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Re: Fidelity/American Funds Portfolio - Help Appreciated

Thank you for responding, retiredjg. I have enjoyed your posts over the years and appreciate you weighing in on my situation. To answer your question, no, I don't have any pure US stock funds in my 401(k).The most US-centric fund in my lineup is Washington Mutual Investors . Historically, it holds a...
by darkhorse346
Sun Feb 17, 2019 10:16 am
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Re: Fidelity/American Funds Portfolio - Help Appreciated

Thank you, Lady Geek.

Yesterday, I realized the post was in the wrong subforum, but was unsure how to move it over to Personal Investments.
by darkhorse346
Sat Feb 16, 2019 7:25 pm
Forum: Personal Investments
Topic: Do my picks look like solid choices?
Replies: 7
Views: 777

Re: Do my picks look like solid choices?

Thanks. Got it. So whatever I want allocated in Bonds should be in my 403b. If you don’t mind me asking, why? Not questioning, just wondering why for my own education. Thanks again. General thinking: Once should consider all retirement accounts as part of one retirement portfolio. You will pay taxe...
by darkhorse346
Sat Feb 16, 2019 6:36 pm
Forum: Personal Investments
Topic: Do my picks look like solid choices?
Replies: 7
Views: 777

Re: Do my picks look like solid choices?

Roth IRA with Vanguard Moving from Target Fund 2045 (VTIVX, ER .15) to: Vanguard Total Stock Market Index Admiral Shares (VTSAX, ER = 0.04%) Vanguard Total International Stock Index Admiral Shares (VTIAX, ER = 0.11%) Vanguard Total Bond Market Index Admiral Shares (VBTLX, ER = 0.05%) Don't waste yo...
by darkhorse346
Sat Feb 16, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 206
Views: 29445

Re: Tributes to Jack Bogle

You stayed the course and had the courage to press on, regardless.

We are all better investors, and more importantly, better people because of you.

Well done, Mr. Bogle. Well done!
by darkhorse346
Sat Feb 16, 2019 6:22 pm
Forum: Personal Investments
Topic: Fidelity vs Vanguard
Replies: 54
Views: 8703

Re: Fidelity vs Vanguard

I would also highly recommend consolidating accounts. It makes it a lot easier for you and your loved ones. Good luck. :beer Nice post, Darkhorse...also recognized your Avatar because for Halloween my granddaughter was asking for Unicorn pumpkin so we used the exact same picture for the pumpkin des...
by darkhorse346
Sat Feb 16, 2019 6:14 pm
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Re: Fidelity/American Funds Portfolio - Help Appreciated

Bump.

I'd greatly appreciate some feedback on my questions in the preceding post.

Thanks again! :)
by darkhorse346
Sat Feb 16, 2019 7:01 am
Forum: Personal Investments
Topic: Fidelity vs Vanguard
Replies: 54
Views: 8703

Re: Fidelity vs Vanguard

First hand experience with both. We switched from Vanguard to Fidelity after dealing with a loved one's financial affairs at the end of life and after death. Individual who passed away had accounts at both. Fidelity was very easy to work with. They made things simple. Vanguard was okay, but not near...
by darkhorse346
Fri Feb 15, 2019 9:34 pm
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Re: Fidelity/American Funds Portfolio - Help Appreciated

Follow up questions: Asset Allocation 25% Fixed Income - Early 50s / Late 40s This is generally in line with the mainstream 2035 target funds. However, I generally subscribe to Larry Swedroe's Need, Willingness, and Ability philosophy. I also appreciate KlangFool's past posts about this subject matt...
by darkhorse346
Fri Feb 15, 2019 1:23 pm
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Re: Fidelity/American Funds Portfolio - Help Appreciated

FWIW....We hold American Balanced Fund in our 401(K)'s No Vanguard funds available at this time. As you might notice, I like the idea of one fund and done for simplicity. (Also American Balanced does hold a small % in international.) Yes, I could slice and dice more but I don't worry too much about...
by darkhorse346
Fri Feb 15, 2019 6:20 am
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Re: Fidelity/American Funds Portfolio - Help Appreciated

Thanks for the feedback. To simplify across the entire portfolio, I've considered two options: Option #1 Allocate 100% of the 401k into American Balanced Fund , which has an ER of 0.63. Here's the math: Current Total Portfolio Blended ER = 0.27 Proposed Total Portfolio Blended ER = 0.24 Option #2 Al...
by darkhorse346
Thu Feb 14, 2019 9:52 pm
Forum: Personal Investments
Topic: Fidelity/American Funds Portfolio - Help Appreciated
Replies: 15
Views: 1105

Fidelity/American Funds Portfolio - Help Appreciated

Hello! Rarely post, but frequent visitor and reader. I am so appreciative of this site and community! I'd appreciate you all looking over our current retirement portfolio below and offering some suggestions on anything that could be done to make it better. I prefer simple portfolios, e.g., total mar...
by darkhorse346
Sat Jan 26, 2019 6:40 am
Forum: Personal Investments
Topic: Switch from VXUS (VTIAX) to Fidelity No Fee fzilx?
Replies: 10
Views: 2196

Re: Switch from VXUS (VTIAX) to Fidelity No Fee fzilx?

I would not switch from Vanguard to Fidelity over this small difference. Assuming you're just wanting broad-based, plain vanilla, "total market" funds, I say the differences between Vanguard and Fidelity are a wash, really. Yeah, I know Fidelity is a little less expensive or free, but really? Surely...
by darkhorse346
Sun Jan 06, 2019 10:20 am
Forum: Personal Investments
Topic: Should I bother with 529s?
Replies: 36
Views: 2947

Re: Should I bother with 529s?

I did not bother to read downstream threads. Having said that, I think that 529 plans can be one of the buckets that can fund college-related expenses. I would not, and do not, use 529s exclusively. Money is fungible and I like flexibility and freedom to pull from whatever bucket makes the most sens...
by darkhorse346
Sun Jan 06, 2019 10:08 am
Forum: Personal Investments
Topic: 3-fund @ Fidelity - Bond
Replies: 6
Views: 740

Re: 3-fund @ Fidelity - Bond

Fidelity's Total Bond is an actively managed bond fund with a net expense ratio of 0.45. Fidelity's US Bond Index simply tracks the Bloomberg Barclays U.S. Aggregate Bond Index with a net expense ratio of 0.025. If you wanted an actively managed bond fund, Total Bond could be a suitable choice. Pers...
by darkhorse346
Sat Dec 29, 2018 4:55 am
Forum: Personal Finance (Not Investing)
Topic: Vacation in Fort Myers
Replies: 16
Views: 1751

Re: Vacation in Fort Myers

Strongly agree with The Wizard and Ole Miss on Sanibel and Captiva. Renting some bikes and riding through Ding Darling Wildlife reserve is a lot of fun. Also, go to Bowman's Beach at sunset, but you have to pay to park. SouthSeas Island Resort on Captiva is a good place to stay and have lots of thin...
by darkhorse346
Sat Dec 15, 2018 7:44 am
Forum: Personal Investments
Topic: Simple Plan for Money Needed in 18 months to 7 Years
Replies: 11
Views: 1893

Re: Simple Plan for Money Needed in 18 months to 7 Years

What are the pros and cons of 2 year secondary CDs? At Fidelity, there is a 2 year call-protected CD through Compass Bank with a coupon of 3.10%. That coupon is better than the new issue Wells Fargo at 3.00%. Can someone walk me through how to analyze which CD to choose? I'm a newbie on brokered CDs...
by darkhorse346
Sun Dec 09, 2018 7:08 am
Forum: Personal Investments
Topic: Simple Plan for Money Needed in 18 months to 7 Years
Replies: 11
Views: 1893

Re: Simple Plan for Money Needed in 18 months to 7 Years

In increasing levels of duration and decreasing levels of liquidity and volatility. All with security of principal. Money Market, High Yield Accounts, CD Ladder (short/intermediate term), Treasuries (short/intermediate term), Muni's, etc. https://i.imgur.com/pb88lcl.png?1 I like the idea of investi...
by darkhorse346
Sat Dec 08, 2018 8:43 am
Forum: Personal Investments
Topic: Simple Plan for Money Needed in 18 months to 7 Years
Replies: 11
Views: 1893

Simple Plan for Money Needed in 18 months to 7 Years

Thank you all in advance for your time and help. Facts We have a taxable account which is 100% in Fidelity Money Market Fund (SPRXX). This money will be used to supplement 529 college savings for two children. First child, who is a freshman attending a local community college, will transfer to a sta...
by darkhorse346
Tue Nov 27, 2018 6:04 am
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 57
Views: 5962

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

Vanguard doesn’t advertise. Actually, they do or at least they used to. I can remember hearing Vanguard Radio ads and seeing adverts in Money Magazine. I have seen numerous Vanguard commercials on TV over the last 2-3 months. I had never seen these commercials until after Fidelity did there headlin...
by darkhorse346
Sun Oct 07, 2018 7:07 am
Forum: Personal Investments
Topic: Target date retirement fund vs three funds
Replies: 19
Views: 3312

Re: Target date retirement fund vs three funds

Target Retirement Funds (TRF) = Automatic Transmission Three Funds (3F) = Manual Transmission Personally, I think it could make sense to start on a 3F so they are comfortable "driving" this type of portfolio. There may be circumstances where a 3F would be preferred to TRF. Having said that, I think ...
by darkhorse346
Sun Sep 23, 2018 7:18 am
Forum: Personal Investments
Topic: Starting Fidelity Roth IRA
Replies: 14
Views: 1810

Re: Starting Fidelity Roth IRA

How does one even make a decision as to where to put their money? There seems to be a never ending amount of funds to choose from. Bogleheads recommend the Three-fund portfolio spread across all retirement accounts. At Fidelity, FSTVX (soon to be consolidated and renamed FSKAX) is one of the three....
by darkhorse346
Wed Sep 19, 2018 7:31 pm
Forum: Personal Investments
Topic: American Funds 401K - What Available Funds Close to Vanguard 3-Fund Portfolio
Replies: 5
Views: 1094

Re: American Funds 401K - What Available Funds Close to Vanguard 3-Fund Portfolio

I'd look at your 401k and IRA as one portfolio. (This assumes you don't have any taxable retirement accounts.) I'd consider a couple of options: The Simple Version - choose desired asset allocation and add money. Done. (I have personally used this in the past.) 401(k) AF Target Retirement Fund IRA V...
by darkhorse346
Thu Aug 23, 2018 5:01 am
Forum: Personal Investments
Topic: American Target date funds
Replies: 13
Views: 1347

Re: American Target date funds

For nearly a decade, I owned American Funds [R-4 share class in 401(k)] and Vanguard target date funds across our retirement portfolio. Boring and not sexy, yet simple and effective. I'd feel comfortable going either direction, target date or individual index funds. It really depends upon you knowin...
by darkhorse346
Wed Aug 22, 2018 5:16 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 12551

Re: The Bigger Story: Fidelity Expense Ratios

Vanguard, Fidelity, Schwab, et al., all have their strengths and weaknesses. Each investor has to decide what attributes are most important. Not only fees, but company culture, service, etc. Vanguard's structure is a net positive for investors, but it is not a panacea. Several years back, while conv...
by darkhorse346
Wed Aug 22, 2018 4:12 am
Forum: Personal Investments
Topic: Moving money from one broker to the next
Replies: 14
Views: 1430

Re: MOVING MONEY FROM ONE BROKER TO THE NEXT

Currently at Schwab So why don't you just use Schwab's perfectly good funds? Lots of people on this forum do that. Schwab has target date funds, index funds, and everything else you need. Anything they don't have can be bought as an ETF. Moving to Vanguard makes no sense to me. I somewhat agree wit...
by darkhorse346
Sun Aug 19, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 12870

Re: Vanguard Switch to Brokerage Accounts

I wish I had come here and searched for this topic before I made the seemingly required switch a few days ago. I have been getting emails from Vanguard for months about how I would be required to switch to the new platform, and recently an email indicating it was a last chance (or some wording that...
by darkhorse346
Sat Aug 18, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: This is Unbelievable - another Vanguard customer support odyssey
Replies: 69
Views: 17167

Re: This is Unbelievable - another Vanguard customer support odyssey

Re: the prior posts:

Vanguard's competitors are actually helping Vanguard's customers get accounts set up at Vanguard. :annoyed
by darkhorse346
Sat Aug 18, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: This is Unbelievable - another Vanguard customer support odyssey
Replies: 69
Views: 17167

Re: This is Unbelievable - another Vanguard customer support odyssey

Chapter MMXVIII (Subpart T, Section 3(b)) - Another Vanguard Customer Support Odyssey I recently spoke with an acquaintance, who lives overseas and inherited both Vanguard and Fidelity accounts early this year. Fidelity account transfers were simple. One call, that's all. Done. This was taken care ...
by darkhorse346
Fri Aug 17, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 11924

Re: Retire in Florida or Alabama?

One person's fishing hole is another persons opera house. Culture is what you make it, and I don't see any issue as long as you don't claim your version is somehow superior just because it is your personal preference or somehow culturally superior due to its exclusivity. One persons "Redneck Rivier...
by darkhorse346
Fri Aug 17, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 11924

Re: Retire in Florida or Alabama?

My parents live in Texas and have talked about retiring in some other state in the United States. They have considered Florida as a likely top candidate, but also have looked at Alabama. They've also considered "being retired" in Texas, but buying a house to live part of the year by the beach in ei...
by darkhorse346
Fri Aug 17, 2018 8:28 am
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 12870

Re: Vanguard Switch to Brokerage Accounts

Changed from mutual fund to brokerage accounts several years ago. No real benefits to us since we just hold VG mutual funds and nothing else. I think the switch from mutual fund accounts to brokerage accounts was a good strategic move for Vanguard, especially when they get their "commission-free" ET...